Highland Santa Barbara Foundation Inc
EIN: 453962008 · Dallas, TX · NTEE: T30
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $495K |
| Net Assets | $91.0M |
Is Highland Santa Barbara Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Highland Santa Barbara Foundation Inc
Highland Santa Barbara Foundation Inc (EIN: 453962008) is a nonprofit organization based in Dallas, TX, classified under NTEE code T30. The organization reported total revenue of $1.1M and total assets of $88.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Highland Santa Barbara Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Highland Santa Barbara Foundation Inc is a mid-size nonprofit that has been operating for 13 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $18.3M |
| Total Expenses | $495K |
| Surplus / Deficit | +$17.8M |
| Total Assets | $91.0M |
| Net Assets | $91.0M |
| Operating Margin | 97.3% |
| Months of Reserves | 2205.4 months |
Financial Health Grade: A
In 2023, Highland Santa Barbara Foundation Inc reported a surplus of $17.8M with revenue exceeding expenses, holds 2205.4 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2023), Highland Santa Barbara Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -62.8% | +97.5% | +0.5% |
| 2022 | +202.0% | -20.9% | +13.6% |
| 2021 | +573.9% | -24.0% | +37.4% |
| 2020 | -66.0% | -13.9% | -23.9% |
| 2019 | +25.8% | -21.0% | -0.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Highland Santa Barbara Foundation Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Highland Santa Barbara Foundation Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $17.8M, with revenue exceeding expenses.
Frequently Asked Questions about Highland Santa Barbara Foundation Inc
Is Highland Santa Barbara Foundation Inc a legitimate charity?
Highland Santa Barbara Foundation Inc (EIN: 453962008) is a registered tax-exempt nonprofit based in Texas. It has 12 years of IRS 990 filings on record. Total revenue: $1.1M. No red flags identified. Financial health grade: A.
How does Highland Santa Barbara Foundation Inc spend its money?
Highland Santa Barbara Foundation Inc reported $1.1M in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Highland Santa Barbara Foundation Inc tax-deductible?
Highland Santa Barbara Foundation Inc is registered as a tax-exempt nonprofit (EIN: 453962008). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Highland Santa Barbara Foundation Inc located?
Highland Santa Barbara Foundation Inc is headquartered in Dallas, Texas and files with the IRS under EIN 453962008. It is classified under NTEE code T30.
How many years of IRS 990 filings does Highland Santa Barbara Foundation Inc have?
Highland Santa Barbara Foundation Inc has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.1M in total revenue.
Filing History
IRS 990 filing history for Highland Santa Barbara Foundation Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Highland Santa Barbara Foundation Inc's revenue has declined by 34.6%, moving from $28.0M to $18.3M. Total assets increased by 228.1% over the same period, from $27.7M to $91.0M. Total functional expenses rose by 116.9%, from $228K to $495K. In its most recent filing year (2023), Highland Santa Barbara Foundation Inc reported a surplus of $17.8M, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $18.3M | $495K | $91.0M | $0 | — | — |
| 2022 | $49.2M | $251K | $90.6M | $0 | — | View 990 |
| 2021 | $16.3M | $317K | $79.7M | $0 | — | View 990 |
| 2020 | $2.4M | $417K | $58.0M | $0 | — | View 990 |
| 2019 | $7.1M | $484K | $76.3M | $0 | — | View 990 |
| 2018 | $5.7M | $613K | $77.0M | $0 | — | View 990 |
| 2016 | $15.6M | $558K | $83.3M | $0 | — | View 990 |
| 2015 | $19.1M | $927K | $47.3M | $0 | — | View 990 |
| 2014 | $8.8M | $1.3M | $70.7M | $0 | — | View 990 |
| 2013 | $23.0M | $1.5M | $63.2M | $0 | — | View 990 |
| 2012 | $15.0M | $1.0M | $41.7M | $0 | — | View 990 |
| 2011 | $28.0M | $228K | $27.7M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $18.3M, expenses of $495K, and assets of $91.0M (revenue -62.8% year-over-year).
- 2022: Revenue of $49.2M, expenses of $251K, and assets of $90.6M (revenue +202.0% year-over-year).
- 2021: Revenue of $16.3M, expenses of $317K, and assets of $79.7M (revenue +573.9% year-over-year).
- 2020: Revenue of $2.4M, expenses of $417K, and assets of $58.0M (revenue -66.0% year-over-year).
- 2019: Revenue of $7.1M, expenses of $484K, and assets of $76.3M (revenue +25.8% year-over-year).
- 2018: Revenue of $5.7M, expenses of $613K, and assets of $77.0M (revenue -63.8% year-over-year).
- 2016: Revenue of $15.6M, expenses of $558K, and assets of $83.3M (revenue -18.4% year-over-year).
- 2015: Revenue of $19.1M, expenses of $927K, and assets of $47.3M (revenue +116.3% year-over-year).
- 2014: Revenue of $8.8M, expenses of $1.3M, and assets of $70.7M (revenue -61.5% year-over-year).
- 2013: Revenue of $23.0M, expenses of $1.5M, and assets of $63.2M (revenue +53.5% year-over-year).
- 2012: Revenue of $15.0M, expenses of $1.0M, and assets of $41.7M (revenue -46.5% year-over-year).
- 2011: Revenue of $28.0M, expenses of $228K, and assets of $27.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Highland Santa Barbara Foundation Inc:
Data Sources and Methodology
This transparency report for Highland Santa Barbara Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.